Empirical Financial Services LLC d.b.a. Empirical Wealth Management Grows Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,093,365 shares of the company’s stock after purchasing an additional 32,231 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in First Trust Preferred Securities and Income ETF were worth $19,353,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Affinity Wealth Management LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 3.5% in the 4th quarter. Affinity Wealth Management LLC now owns 1,375,206 shares of the company’s stock worth $24,341,000 after buying an additional 46,652 shares during the period. Park Edge Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 12.5% during the fourth quarter. Park Edge Advisors LLC now owns 20,639 shares of the company’s stock worth $365,000 after acquiring an additional 2,295 shares during the last quarter. Toth Financial Advisory Corp increased its stake in First Trust Preferred Securities and Income ETF by 2.1% during the fourth quarter. Toth Financial Advisory Corp now owns 165,464 shares of the company’s stock worth $2,929,000 after acquiring an additional 3,461 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter worth about $609,000. Finally, Dynamic Advisor Solutions LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 2.1% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 85,983 shares of the company’s stock valued at $1,522,000 after purchasing an additional 1,754 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

FPE opened at $17.72 on Monday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.95 and a 1 year high of $18.23. The firm has a 50 day moving average price of $17.80 and a 200 day moving average price of $17.85.

First Trust Preferred Securities and Income ETF Company Profile

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.